The price-to-earnings ratio for DHT Holdings Inc (NYSE: DHT) is above average at 9.74x, Company’s 36-month beta value is -0.40.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for DHT is 139.12M, and currently, short sellers hold a 4.87% ratio of that floaft. The average trading volume of DHT on November 27, 2024 was 1.66M shares.
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DHT) stock’s latest price update
DHT Holdings Inc (NYSE: DHT)’s stock price has dropped by -2.50 in relation to previous closing price of 10.01. Nevertheless, the company has seen a loss of -8.18% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that Third quarter results were not that bad. The company scored revenue and adjusted EBITDA growth YoY. The revenue growth rate offset the expense growth rate, leading to YoY growing EBITDA and EPS. In 2025, DHT must repay $80.9 million, while in 2026, $54.2 million. Considering DHT’s low breakeven, the company can handle a significant day-rate downturn while maintaining liquidity and solvency intact.
DHT’s Market Performance
DHT’s stock has fallen by -8.18% in the past week, with a monthly drop of -7.92% and a quarterly drop of -7.49%. The volatility ratio for the week is 2.71% while the volatility levels for the last 30 days are 2.68% for DHT Holdings Inc. The simple moving average for the past 20 days is -5.79% for DHT’s stock, with a -13.03% simple moving average for the past 200 days.
Analysts’ Opinion of DHT
Many brokerage firms have already submitted their reports for DHT stocks, with BTIG Research repeating the rating for DHT by listing it as a “Buy.” The predicted price for DHT in the upcoming period, according to BTIG Research is $16 based on the research report published on October 15, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see DHT reach a price target of $14, previously predicting the price at $11. The rating they have provided for DHT stocks is “Buy” according to the report published on March 21st, 2024.
Stifel gave a rating of “Hold” to DHT, setting the target price at $11 in the report published on October 19th of the previous year.
DHT Trading at -10.06% from the 50-Day Moving Average
After a stumble in the market that brought DHT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.75% of loss for the given period.
Volatility was left at 2.68%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares sank -7.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.78% lower at present.
During the last 5 trading sessions, DHT fell by -8.18%, which changed the moving average for the period of 200-days by -14.16% in comparison to the 20-day moving average, which settled at $10.36. In addition, DHT Holdings Inc saw -0.51% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DHT starting from Kramer Jeremy, who proposed sale 27,027 shares at the price of $11.36 back on Aug 19 ’24. After this action, Kramer Jeremy now owns shares of DHT Holdings Inc, valued at $307,027 using the latest closing price.
Stock Fundamentals for DHT
Current profitability levels for the company are sitting at:
- 0.33 for the present operating margin
- 0.36 for the gross margin
The net margin for DHT Holdings Inc stands at 0.28. The total capital return value is set at 0.14. Equity return is now at value 15.76, with 10.89 for asset returns.
Based on DHT Holdings Inc (DHT), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.67. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 5.78.
Currently, EBITDA for the company is 304.01 million with net debt to EBITDA at 1.09. When we switch over and look at the enterprise to sales, we see a ratio of 3.29. The receivables turnover for the company is 9.91for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.41.
Conclusion
In a nutshell, DHT Holdings Inc (DHT) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
